Vietnam sees 41 new projects abroad licensed in last four months

In the first four months of this year, Vietnam saw 41 new projects abroad licensed with the investment from Vietnam reaching 140 million USD, a decline of 51% compared with that of the same period last year.

Investment capital adjustments were made at 11 projects, increasing by 13.5 million USD in capital.

Vietnam’s foreign investment consisting of both new investments and adjusted ones reached 153.5 million USD in the first four months of this year, a drop of 53.2% year on year.

According to the General Statistics Office, in the first four months of 2023, investment capital from the State budget was estimated at 131.2 trillion VND (5.6 billion USD), equaling 19% of the year plan and increasing by 17.9% over the same period last year.

Meanwhile, total foreign investment capital registered in Vietnam as of April 20 reached 8.88 billion USD, marking a year-on-year decrease of 17.9%.

Foreign direct investment capital in Vietnam in the first four months of 2023 was 5.85 billion USD, down 1.2% over the same period last year.

Source: Lao News Agency